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Investors Take Big Bite Out of Housing Market

Other

Hedge funds and private equity firms are looking to cash in on real estate, “rushing in to buy up companies and assets in every part of the housing supply chain, including undeveloped land, homebuilders, foreclosed homes, and building parts manufacturers,” according to a recent CNNMoney article. “A lot of investors see a short window of opportunity where there’s good inventory on the market at bottom market prices,” says Brad Geisen, CEO of Foreclosure.com. “No one knows how long it will last, so these investors are trying to buy as much […]

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Real Estate Agents Rebrand Themselves Online

Buying a Home

Real estate agents are recasting themselves online as not just the person who helps you find or sell a home but as “neighborhood specialists,” The New York Times reports. Instead of just spotlighting homes for sale, real estate professionals and companies are also spotlighting tours of neighborhoods and articles that provide helpful buying and selling tips, like on timing the sale of a home or deciding whether it’s better to buy or rent. Some sites are including how locals rate the suburbs or lists of community activities. The Corocoran Group’s […]

Featured Denver Gay Realtor: Vicki Porter, Ideal Properties of Denver

Uncategorized

Owning and running a small business takes a certain type of individual – one who is not only dedicated to the customer but enthusiastic about the work. With a dozen years in the business before starting my own company, I knew what I was getting into. I currently teach a class through Colorado Free University called ABC’s of Home Buying, and have taught hundreds of students in the past few years how to buy a home. I have also taught several property law classes at Denver University Law School. I […]

Featured Philadelphia Gay Realtor: Jen Amico, Coldwell Banker Preferred

Buying a Home

After an active and diverse career as a lawyer, Jen successfully transitioned her negotiation and business skills into Philadelphia real estate, her true love. Jen is a passionate advocate for her clients and seeks to make the real estate transaction as stress free as possible. She is a creative and skilled negotiator and uses these traits to get the best deal for her clients. She offers her clients unmatched advocacy and a comprehensive understanding of the current market. Please contact me for more information!. Click here to search for a […]

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Luxury Home Sales in Calif. Reach Record

Selling a Home

The number of Luxury residential homes that sold for $5 million or more in California reached a record in 2012, according to DataQuick, a real estate information service. DataQuick reported that 697 homes sold for more than $5 million in 2012, up from the previous record of 491 in 2011. California also reached sales records last year in the $4-5 million range and the $3-4 million range, and also had the highest number of home sales of more than $1 million since 2007. And a record number of buyers paid […]

ASF 2013: Zelman predicts housing rally with room to run

Other

Chief executive officer Ivy Zelman at Zelman and Associaties expects housing starts to grow by 28% in 2013, she stated at the American Securitization Forum conference during a discussion on the U.S. housing market and the consumer economy. The housing market is in the midst of recovery and the main driver that will fuel the continued improvement is demographics, Zelman noted. The population is expected to increase 8% for the year and 11% for the decade in household growth. The industry is coming up from a “horrific bottom, but still […]

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What’s the Best Season for Home Buying?

Buying a Home

After the holidays, buyers tend to start getting more aggressive with their house hunting. Search activity usually peaks around March or April in most states, according to a new study of home searches from 2007 to 2012 conducted by Trulia. In September, searches slow down. By December buyer searches ebb to their lowest point of the year. “Home-search activity swings with the seasons in every state,” says Jed Kolko, chief economist of Trulia. “Buyers and sellers can use these ups and downs to their advantage. Sellers looking for the most […]

Short Sale

REOCON 2013: An update on short sale and REO trends

Other

The nation turned a corner since entering a foreclosure crisis more than four years ago, analysts attending the 2013 REOCON Summit & Expo said Monday. Speaker Daren Blomquist, vice president of RealtyTrac, elaborated on 2012 short sale and REO trends when speaking to Realtors attending the conference in Dallas. Blomquist assured the crowd, saying “Our data does show that we’re past the [foreclosure] peak.” He then went on to reveal some startling statistics in regards to REO activity. More than 10 million REO starts and nearly 5 million REO completions […]

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10 Best Places to Buy a Foreclosure in 2013

Other

If you’re looking for big foreclosure deals, Florida may offer the most, according to a a new study by RealtyTrac. Palm Bay, Fla., topped its list of the best places to buy a foreclosure in 2013. Foreclosures accounted for nearly 24 percent of all sales in Palm Bay last year, and buyers tended to pay 28 percent less for a home in foreclosure than other homes. The following are the markets with the high number of foreclosures available and some of the largest price discounts for foreclosures, according to RealtyTrac. […]

Lesbian Realtor Shelly Palmer

Featured Carolina Beach Gay Realtor: Shelly Palmer, Network Real Estate

Buying a Home

I’m a real estate professional with a passion for the real estate industry. I have been actively involved in the real estate market for decades and have sold real estate for over 9 years. I enjoy selling all types of real estate including residential & resort real estate. I service Wilmington & the surrounding areas including Castle Hayne & Leland. I specialize in Carolina & Kure Beaches. Selling resort real estate in Carolina & Kure Beaches has been one of my greatest joys. I love what I do & it […]

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